NOT LISTED FOR SALE

121 Bala Dr Somers Point, NJ 08244

Estimated Value: $366,000 - $578,000

4 Beds
2 Baths
-- Sq Ft
8,407 Sq Ft Lot

Last Sold April 05, 2024

Last sale price $468,000

Est. 1% increase in value since last sale

Current estimated payment $3,028/month

17 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • Mainland Regional High School Rated A-
  • Main Floor Primary Bedroom
  • Patio

About This Home

As of April 2024

Welcome to the fully remodeled 4Br, 2full bath, 2 story charmer in desirable Somers Point. Located in a quiet residential neighborhood consisting of year round and seasonal residents near the parkway and close to restaurants and shopping. Only minutes to Ocean City and area beaches. HVAC, hot water heater and appliances are less than a year old. This home has original hardwood floors and designer lighting through out. Enter into the spacious living room with a new electric fireplace. The adjoining dining room features custom picture frame molding and is open to the remodeled kitchen. This stunning kitchen has a granite breakfast bar and counter tops. Stainless steel appliances complete the look. Two spacious bedrooms and a new bathroom with a large walk-in shower finish the first floor. Climb the hardwood stairs to find 2 large bedrooms and a new bathroom complete with designer tile. Ample closet space along with an easily accessed attic provide plenty of storage. The fully fenced, spacious back yard and large shed complete the package.

Last Agent to Sell the Property

WALTER (WOODY) GERSTENLAUER

BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing Listed on: 01/22/2024

BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,444

Lot Details

  • Lot Dimensions are 70x120
  • Fenced

Parking

  • 2 Parking Spaces

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Insulated Windows
  • Dining Room
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,444

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Cape Cod
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Stove, Microwave, Refrigerator
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 4
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room, Eat In Kitchen, Storage Attic, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Curbs, Fenced Yard, Patio, Paved Road, Shed, Sidewalks
  • Siding Exterior: Stone, Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 70x120
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Apr 8, 2024
Sold by
Sherwood Team Llc
Bought by
Faracchio George A
Seller's Agent
WALTER (WOODY) GERSTENLAUER
BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$479,900
Sold Price
$468,000
Premium/Discount to List
-$11,900
-2.48%
Views
96
Current Estimated Value
$473,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,080
Avg. Annual Appreciation
0.66%
Original Mortgage
$426,851
Outstanding Balance
$420,400
Interest Rate
6.82%
Mortgage Type
FHA
Estimated Equity
$52,680

Purchase Details

Listed on
Oct 4, 2023
Closed on
Oct 30, 2023
Sold by
Buch Gloria J
Bought by
Sherwood Team Llc
Seller's Agent
MARGARET SHELTON
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
WALTER (WOODY) GERSTENLAUER
BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
170.67%

Purchase Details

Closed on
Dec 16, 1968
Bought by
Buch Charles and Buch Gloria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Faracchio George A $468,000 Foundation Title
Sherwood Team Llc $305,000 Surety Title
Buch Charles $13,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faracchio George A $426,851
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2024 04/05/24 Sold $468,000 -2.5% --
02/08/2024 02/08/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $479,900 +57.3% --
10/30/2023 10/30/23 Sold $305,000 +1.7% -- View Prior Sale
10/09/2023 10/09/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $300,000 -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,444 $219,600 $67,600 $152,000
2024 $6,444 $180,200 $67,600 $112,600
2023 $6,020 $180,200 $67,600 $112,600
2022 $6,020 $180,200 $67,600 $112,600
2021 $5,930 $180,200 $67,600 $112,600
2020 $5,810 $180,200 $67,600 $112,600
2019 $5,646 $180,200 $67,600 $112,600
2018 $5,962 $194,400 $67,600 $126,800
2017 $5,748 $194,400 $67,600 $126,800
2016 $5,488 $194,400 $67,600 $126,800
2015 $5,432 $194,400 $67,600 $126,800
2014 $5,249 $194,400 $67,600 $126,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 581452

South Jersey Shore Regional MLS

APN: 21-01629-0000-00006